Albion Financial Group UT Sells 5,161 Shares of Qualcomm Incorporated $QCOM

Albion Financial Group UT has reduced its stake in Qualcomm Incorporated by 10.5%, selling 5,161 shares and now owning 44,037 shares valued at $7.53 million. The article also notes Qualcomm’s recent financial performance, including beating Q4 estimates with $3.50 EPS and $12.25 billion in revenue, authorizing a $20 billion stock buyback, and declaring a quarterly dividend of $0.89. Several other institutional investors have adjusted their positions in QCOM, and analyst ratings remain varied with an average “Hold” and a $163.77 price target.